Food and Beverage
Food Products
Matt DiFrisco, Guggenheim Securities, discusses his firm initiating coverage on Blue Apron with a buy rating.
Sept 25- Giant U.S. food producer Cargill will create a new British joint venture with UK peer Faccenda Foods focused on poultry production, the two firms said in a statement on Monday. The newly-formed company, in which both will have an equal stake, plans to employ about 6,000 people in the UK, they said. They said Andy Dawkins, who is currently the managing director...
SAO PAULO, Sept 22- Brazil Supreme Court Justice Gilmar Mendes on Friday denied a request to release from jail Joesley and Wesley Batista, the brothers who control the world's largest meatpacker JBS SA. The Batistas' defense challenged the detention of the brothers after their arrest last week by federal police in a probe into the use of privileged financial...
*Explores bid for UK sandwich chain Pret a Manger. MANILA/ SINGAPORE, Sept 22- Filipino billionaire Tony Tan Caktiong, who has built Jollibee Foods Corp into a near-4, 000 store purveyor of sweet-style spaghetti, burgers and fried chicken, is looking to buy existing brands in mature markets to help fuel future growth. Primary targets include the United States and...
LONDON, Sept 22- Pladis, the Turkish company that owns Godiva chocolate and McVitie's biscuits, is considering making an offer for Nestle's U.S. confectionery assets, which could be valued at around $2 billion, as part of its international expansion plans. "We are looking at Nestle's confectionery assets in the U.S.," Chief Executive Cem Karakas told Reuters.
LONDON, Sept 22- Pladis, the Turkish company that owns Godiva chocolate and McVitie's biscuits, is considering making an offer for Nestle's U.S. confectionery assets, which could be valued at around $2 billion, as part of its international expansion plans. "We are looking at Nestle's confectionery assets in the U.S.," Chief Executive Cem Karakas told Reuters.
"Classic Trix" will sit on store shelves alongside the new version natural-flavor version, the company said.
People in areas affected by hurricanes Harvey and Irma should be alert to possible bacterial contamination of crops from flood waters, says Stan Meiburg.
PARIS, Sept 21- French businesswoman and billionaire Liliane Bettencourt, whose family founded L'Oreal and still owns the largest stake in the cosmetics giant, has died aged 94, her daughter said on Thursday. "My mother left peacefully," Bettencourt-Meyers said, adding that she had died during Wednesday night at her home in Paris. In 2011 Agon was appointed...
Jim Chanos believes McDonald's moves to improve its restaurants and its business will hurt other burger chain companies.
Kevin O’Leary, O’Shares ETFs chairman, and Plated co-founders Nick Taranto and Josh Hix discuss selling their company to Albertsons grocery chain and their competition with Blue Apron.
PARIS, Sept 21- French businesswoman and billionaire Liliane Bettencourt, whose family founded L'Oreal and still owns the largest stake in the cosmetics giant, has died aged 94, her daughter said on Thursday. Her death opens a new phase for L'Oreal, France's fourth-largest listed company, altering the relationship it has with key shareholder Nestle, the Swiss...
Two office workers turned lunchtime and late-night experiments with a SodaStream into a Whole Foods deal and booming coffee soda business.
Jim Cramer says an Apple Watch glitch and earnings from General Mills and Bed Bath & Beyond all sent related stocks tumbling.
Jim Cramer says an Apple Watch glitch and earnings from General Mills and Bed Bath & Beyond all sent related stocks tumbling.
NEW YORK, Sept 20- Brazil's President Michel Temer said on Wednesday state-run oil company Petroleo Brasileiro, a symbol of national sovereignty, would stay in public hands even as his government makes an aggressive privatization push. The leader of Latin America's largest nation said the fight against corruption was giving investors more confidence to do...
Jim Cramer says an Apple Watch glitch and earnings from General Mills and Bed Bath & Beyond all sent related stocks tumbling.
NEW YORK, Sept 20- Brazil's President Michel Temer said on Wednesday state-run oil company Petroleo Brasileiro, a symbol of national sovereignty, would stay in public hands even as his government makes an aggressive privatization push. The leader of Latin America's largest nation said the fight against corruption was giving investors more confidence to do...
NEW YORK, Sept 20- Brazil's President Michel Temer said on Wednesday that despite his government's aggressive privatization agenda, state-run oil company Petroleo Brasileiro, a symbol of national sovereignty, would remain under government control. The leader of Latin America's largest nation also said the fight against corruption was giving investors...
Bill Ackman, Pershing Square Capital Management CEO, discusses Chipotle's recent launch of their new product in stores, queso.
